VIX Reverses in Late-Day Trading, Now Down from Yesterday's Close
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Volatility in today's stock market, as measured by the VIX, has swung wildly over just the last half hour of trading.
After opening today's session flat, the VIX pushed higher and remained in positive territory throughout much of today's session. Heading into the last hour of trading however, the indicator started moving lower and is now trading in negative territory.
The VIX last traded at 17.60, down about 0.4% from yesterday's close.
The VIX is often considered an inverse indicator as a move higher suggests more pessimistic market sentiment, while downward movement represents increasingly bullish sentiment. A reading over 30 implies outright bearishness and a reading under 20 suggests bullishness.
After opening today's session flat, the VIX pushed higher and remained in positive territory throughout much of today's session. Heading into the last hour of trading however, the indicator started moving lower and is now trading in negative territory.
The VIX last traded at 17.60, down about 0.4% from yesterday's close.
The VIX is often considered an inverse indicator as a move higher suggests more pessimistic market sentiment, while downward movement represents increasingly bullish sentiment. A reading over 30 implies outright bearishness and a reading under 20 suggests bullishness.
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